News
Eldercare costs in Hong Kong hit $38.8b annually: study
Businesses are also bearing the cost as the indirect cost of eldercare to employers hit $1.8b.
Eldercare costs in Hong Kong hit $38.8b annually: study
Businesses are also bearing the cost as the indirect cost of eldercare to employers hit $1.8b.
Viva Biotech Holdings raises US$194m in Hong Kong's hottest biotech float
The drug discovery platform attracted retail orders for about 107 times the shares initially available.
Chinese AI startup Megvii Technology clinches US$750m ahead of Hong Kong IPO
The latest funding round puts the value of the company at around US$4b.
Is Hong Kong ready to embrace AI?
Its lack of investments in an AI-enabled workforce and analytics infrastructure is weighing on its ambitions.
Hong Kong remains the priciest Asian city to build in: study
Its low technology adoption rate is driving up construction costs.
Urban Renewal Authority unveils building rehabilitation platform
It will provide information and technical support on redeveloping sites to building owners.
3 in 5 Hong Kongers prioritise data security over fast banking
Only 47% cited quick and easy banking as their top priority.
Restaurant receipts rose 3% to $31.5b in Q1
Non-Chinese restaurants saw $9.58m in receipts.
HKMA unveils measures to promote green finance development
HKMA is setting up a centre for green finance.
GBA to boost office demand
Demand will continue to come from companies in the financial sector.
Posh home sales to rise as China's ultra-rich boost demand
Demand for luxury properties may manifest in New Territories and Tung Chung.
Hong Kong to cement top position as world's busiest cargo port under GBA plan
Cargo throughput is set to rise to 9 million tonnes by 2030.
Here's why Hong Kong employees are being demoted
Poor performance is not the only reason.
Hong Kong's GDP growth slowed to 0.5% in Q1
Both exports and imports of goods continued to see declines.
Hong Kong bank loans up 1.1% in March
Loans for use inside Hong Kong rose by 1.2%.
CBD Grade A office rents dipped 1.7% in March
Demand was high for units smaller than 10,000 sqft with monthly rates of $100-$130 psf.
Retail sales dropped 10.1% in February
Consumer durable goods led the outlet-wide declines at 18.4%.
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